Double Impact...

The USD is consolidating losses as we approach the closing hour of the trading day. The weak Petroleum Inventory release added fuel to the Fire and Wrath of light crude as the $55 threshold was surpassed in late day trading... slowing our consumption, slowing are tightening. It's quiet on the Western Front now, the blood pissing has subsided, but we got another round of Eurozone data from Italy overnight, and we'll have to wait for tomorrow's Lead Indicators, Philly Fed, and the ever so damning initial jobless claims.